Board recommends Issue of Bonus Shares
Oil India Ltd has informed BSE that the Board of Directors of Company at its meeting held on Febuary 09, 2018 inter-alia has recommended "Issue of Bonus Shares" in the ratio of 1:2 [i.e. 1(One) bonus equity share of Rs. 10/- each for every 2 (Two) existing fully paid up equity share of Rs. 10/- each] subject to approval of the shareholders.Process for issuance of bonus shares and Credit / Dispatch of the Bonus Shares would be completed within the stipulated time period.09-02-2018